Monthly Archives: October 2013

Investors high on high-end house flips

Climbing through the shell of a Los Angeles home he bought for just over $800,000, real estate investor Nicholas Sinatra confers with a team of architects, designers and contractors. They discuss a new floor plan and high-end finishes that will … Continue reading

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Shutdown is having ‘notable impact’ on mortgages

Applications for government mortgage products dropped to a six-year low last week, as negotiations to end the U.S. government’s partial shutdown and avert a debt default rocked back and forth between progress and deadlock. While total mortgage applications inched higher … Continue reading

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SF Best Neighborhood for Trick or Treating in America

advertisement The best city in America for innovation, for technology and for real estate speculation has a new superlative. San Francisco has the nation’s best neighborhood for donning a costume and collecting candy. The finest place to trick-or-treat is Noe … Continue reading

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How DC mess could curb commercial real estate

It is also a highly leveraged business, depending on big banks and investors in commercial mortgage-backed securities. CMBS was in deep trouble just five years ago, as property values fell, but defaults are now way down. In 2008 the CMBS … Continue reading

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San Francisco’s Twitter Bet Pays Off as IPO Boosts Millionaires

You need to enable Javascript to play media on Bloomberg.com Two years ago, San Francisco offered a payroll-tax break to keep Twitter Inc., then with 400 employees, from moving its headquarters out of town. The gamble has since paid off, … Continue reading

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